The advances incorporated into FIPA Version 5.0 are the result of some 10 months' extensive development, as CAfIT's Raquel Elias explains:

âFIPA's design is inherently flexible, enabling us to focus on evolving the platform as market changes require. Over the past 2 years, we have enjoyed considerable success, directly based on providing the market with unparalleled Fixed Income functionality. We were determined to maintain our market leadership by taking FIPA to a new level, and have invested considerable development effort into ensuring that FIPA Release 5.0 can deliver the tools needed by every type of fund manager, across all disciplines, now and well into the future. Only by maintaining a continuous process of evaluation and evolution can we ensure that FIPA will continue to provide fund managers with the all-important competitive edge, and we are confident that this latest version sets a new benchmark.â

Another major development involves extended asset coverage, in line with evolving market requirements for CMS/CMT, inflation swaps across zero coupon, year on year, capital index, real annuity, plus LPI structures with caps and floors. FIPA Version 5.0 also supports European, Bermudan and American Swaptions, as well as CDS Baskets and CDS Index.

Additional new features include enhanced viewing functionality, enabling split asset hierarchies with asymmetric structures, as well as an extended feature set in support of Fixed Income analytics, advancing FIPA's acknowledged market leadership to a new level of sophistication. CAfIT has also addressed the requirements of Equity only fund managers in FIPA Release 5.0, enabling the Fixed Income analytics element to be hidden in recognition of their specialist requirements. This latest step is designed to ensure that FIPA can be tailored exactly to meet the needs of all types of fund manager.

About us

bobsguide attracts over 70,000 fintech buyers and sellers every month. They come to us for the latest insight from our platform, to source the best suppliers through our fintech product directory, to find new exciting job roles or discover digital talent for their business via our job listings, to learn about key live and digital events, and to download useful resources such as whitepapers and case studies.